18 Covington CirCrawfordvilleFL32327
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Crawfordville at 18 Covington Cir, Crawfordville, FL, 32327 uses $78,897 cash to close to unlock $582/yr annual cash flow and $48/mo monthly cash flow. Total monthly income runs $1,628/mo, and a $1,165/mo payment keeps the spread at $48/mo. Purchase price stands at $238,000, and rental yield measures 8.21% with $1,628/mo rent. Return on cash invested shows 20.65% in year one, and 5% annual appreciation builds toward $65,755 over five years. Five-year ROI reaches 107.41% and total cumulative return in cash records $84,742. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,628/mo property income covering a $1,165/mo payment rather than investor’s personal income.
Townhouse
Built in 2014
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32327, Crawfordville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,791 (100%) |
| Owner Occupied HU | 9,796 (76.6%) |
| Renter Occupied HU | 1,927 (15.1%) |
| Vacant Housing Units | 1,068 ( 8.3%) |
| Median Home Value | $261,482 |
| Average Home Value | $279,596 |
Housing Distribution
Address Breakdown
Residential
12,137
Single Family
12,071
Multi-Family
66
Businesses
420
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Listed by: Karen Ann Ward • Bluewater Realty Group
Mls Name: TBR
Mls ID: #394623